Friday 24 May 2024
Musk's xAI nears close of deal valuing startup at US$24 billion
Elon Musk's artificial intelligence startup X.AI Corp. is slated to complete a funding round in June that could value the company at more than US$24 billion including its latest influx...
Monday 20 May 2024
Tesla suffers crippling effect from charging team layoff before FSD comes to its rescue
After Tesla reported weaker-than-expected sales in the first quarter of 2024, CEO Elon Musk has taken several measures to maintain the company's leadership in the EV sector. However,...
Monday 29 April 2024
Musk's China visit suggests Tesla's push to accelerate FSD deployment
Tesla CEO Elon Musk paid an unannounced visit to China on April 28. His main goal is reportedly accelerating the rollout of Tesla's Full Self-Driving (FSD) software in China. Coincidently,...
Tuesday 23 April 2024
Tesla reportedly laying off 20,000 employees in response to declining deliveries in 1Q24
Besides launching a new wave of EV price-cut strategies in 2024, Tesla is also undergoing a global mass layoff, highlighting the severe sales challenges Tesla is facing in the Chinese...
Monday 22 April 2024
Tesla CEO delays India visit amidst ongoing challenges and setbacks
Amidst a series of challenging developments, Tesla CEO Elon Musk's planned visit to India was anticipated as a potential morale booster for Tesla as well as for India.
Monday 15 April 2024
India roundup: Elon Musk visit to India may entail an EV plant
Elon Musk is scheduled to visit India and meet with Indian Prime Minister Narendra Modi. Global IC design houses speeded up investments in India by setting up global capability cen...
Thursday 11 April 2024
Tesla CEO plans second meeting with Indian PM, potentially announcing EV plant amidst rising global EV trade tensions
In just ten months, Tesla CEO Elon Musk plans to meet Indian Prime Minister Narendra Modi for the second time, a move that may entail announcing an EV manufacturing facility and positioning...
Thursday 28 March 2024
Elon Musk targets Optimus robot price to below half car's cost for mass market appeal
Tesla CEO Elon Musk has stated that the price of the Optimus humanoid robot should be kept below half the price of a car to achieve mass commercialization.
Monday 5 February 2024
Tesla's Optimus: leading the humanoid robots market with EV manufacturing expertise
While the robots showcased at CES 2024 primarily focused on home care and companionship, sporting friendly and rounded designs, the market's attention remains fixated on humanoid...
Tuesday 16 January 2024
Musk wants greater control of Tesla before building its AI
Elon Musk warned he would rather build AI products outside of Tesla Inc. if he doesn't achieve 25% voting control, suggesting the billionaire wants a bigger stake in the world's most...
Thursday 5 October 2023
Tesla's humanoid robot 'Optimus' debuts in Taiwan, showcasing AI advancements
Tesla's humanoid robot 'Optimus' is poised to make a surprising appearance in Taiwan. Tesla Taiwan announced on October 3 that it will first exhibit the robot at its service experience...
Wednesday 30 August 2023
BYD outraces Tesla in gross margin, R&D expenses for 1H23
Chinese top EV vendor BYD outraced Tesla in terms of R&D expenses and gross margins in the first half of 2023, with both its revenues and net profits for the period hitting record...
Friday 14 July 2023
Anwar discusses Tesla's Malaysia operations with Elon Musk
Malaysian Prime Minister Anwar Ibrahim said he discussed Telsa Inc.'s investments in the Southeast Asian country during a virtual meeting with Chief Executive Officer Elon Musk.
Friday 7 July 2023
Musk ultimatum to Taiwan imperils its push to war-proof Internet
All that stands between Taiwan and a near-total internet blackout are 14 undersea cables — a network that would make an easy target in the event of a war with China.
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